People on the move: July 2, 2010

Accounting
LarsonAllen LLP’s valuation and forensic practice added Jennifer Miller as a senior analyst and Eric Stephens and Randy Wolverton as contract-based staff members.
Aviation
Sabreliner Corp. promoted […]

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China holds line on exchange rate, dashes hopes

SHANGHAI — The official exchange rate for China’s currency stood unchanged this morning, in line with the central bank’s warning that the value of […]

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Global Web speeds outpace U.S.

Most Americans think their Internet connection is fast. But for those who have experienced broadband service overseas, surfing the Web in the U.S. can […]

Irving’s BankTec extends transaction, payment processing reach in Europe with acquisition

Irving-based BancTec Inc. has acquired the document- and payment-processing unit of a European competitor, boosting the transaction processing and technology services company's reach in Germany, […]

Salary cap would cut In-home workers’ pay by $1.2B

Gov. Arnold Schwarzenegger’s proposal to cap the state’s share of wages and benefits for In-Home Supportive Services workers at $8.60 per hour in fiscal 2101-2011 […]

Braun’s 3rd Ward restaurant to open Monday

The 3rd Ward restaurant operated by a group including Milwaukee Brewers' slugger Ryan Braun will open for dinner Monday, just in time for the post-opening […]

Buffett Says Housing Woes to Ease Next Year, Barring Explosions

Billionaire Warren Buffett said the U.S. residential real estate slump will end by about 2011, predicting that’s how long it will take demand for […]

Manufacturing growth shows surprising gain

An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation’s factories will help sustain a recovery.
The report by a […]

Chinese export slump eases

SHANGHAI, China – China’s exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand […]

“Short sale” battles weigh on U.S. housing recovery

Home equity lenders faced with losses from the U.S. property slump are holding out for more money in distressed sales, slowing transactions needed to […]